Page 13 Advertisements Column 1

Press, Volume LXX, Issue 21081, 5 February 1934, Page 13

TIMARU BOROUGH COUNCIL (N.Z.). NOTICE. Conversion under the Local Authorities interest Reduction and Loans Conversion Act, Timaru Borough Loans Conversion Order, 1933 'N.Z. Gazette of 7th December, 1933: P. 3308) of issued in respect of the following loans. and the debentures Name of Loan. Electric Power and Light Loan No 1 Timaru Bor. Council Omnibus Loan No. 3 Omnibus port. Consol. Renew. Loan No. 1 Drainage and Sewerage Loan No. 6 Road and Asphalt Loan No. 1 Quarry port. Consol. Renew. Loan No. 1 Timaru Borough Waterworks Loan No. 5 Consol. Renewal Loan No. 2 Street Loan No. 6 Port, of Redruth Drainage Loan Sanitation Loan .. .. .. , Waimataitai Drainage Loan Drainage and Sewerage Loan No. 8 Waterworks Loan No. 4 Renewal .. Antecedent Debt Renewal Loan Electric Power and Light Renew. Loan Street Loan No. 1 Timaru Borough Native Reserve Loan Drainage and Sewerage Loan Waterworks Loan Port, of Redruth Drainage Loan Caroline Bay Loan Rate of interest. .. Orig. Exist. Date of maturity. 30th Sept.. 1935 31st March. 1936 30th Sept., 1938 31st March, 1935 30th Sept., 193f> 30th Sept., 1935 30th Sept.. 1938 Ist Feb., 1938 30th Sept.. 1938 31st March, 1940 31st March, 1940 Ist Nov., 1939 30th Sept., 1940 Ist April, 1940 Ist April, 1940 31st March, 1941 30th Sept., 1941 31st March, 1942 30th Sept., 1941 31st Dec. 1944 31st March, 1946 31st March, 1946 30th June, 1949 30th June, 1949 Ist Nov., 1949 Ist Aug., 1949 Notice is hereby given to ' \e holders of debentures or other securities issued by the Timaru Borough Council in respect of the above-mentioned Loans that it is intended to convert all such debentures (except those in respect of which dissent is duly signified) into new debentures having new maturity dates and bearing interest at 4J per cent, per annum in denominations of £IOO each unless other denominations are specially r.winged. The conversion will take effect from 31st March, 1934. Application for conversion must be made in writing and be accompanied by the securities to which it relates. Dissent from the conversion of any existing debentures may be signified by the holder only by notice in writing delivered to Borough Treasurer, Municipal Buildings, Timaru, on or before the fourteenth day of April, 1934. If notice of dissent from the conversion of any debentures is not received by that date the debentures will be converted. The rate of interest on any debentures in respect of which dissent is signified as aforesaid will, by virtue of Section 18 of the above-mentioned Act, be reduced to two-thirds of the original rate, as from 31st March, 1934. Further particulars as to the new debentures and the conversion generally may be obtained from the Borough Treasurer, Municipal Buildings, Timaru. Notices are being sent to debenture holders. Any debenture holder not receiving such personal notice by he 7th February is requested to communicate immediately with the undersigned. Dated the 30th day of January, 1934. E. KILLICK, Town Clerk.

p NUNES & CO. Stock and Sharebrokers. No Brokerage charges to Buyers Offer for sale free of brokerage:— £ s. d. 300 Bank of N.Z. .. 210 0 20 Associated Motors .. 10 6 100 Smith. Wylie 0 12 6 250 Perpetual Forest (4s paid) .. .. 0 16 0 25 Permanent Invest. .. 10 0 0 200 Dominion Pert. .. 0 17 9 53 National Mort. .. 3 3 6 200 N.Z. Refrig. 0 9 2 100 N.Z. Breweries 2 16 600 Timaru Breweries (7s 6d paid) .. 0 6 2 Mining:— 1000 Nevis Diesel .. 0 10 600 Hatters Flat .. 0 10 1000 Skippers ~ 0 0 7J 150 Shotover Reef 0 2 0 100 Blackwater .. .. 1 15 6 400 Waitahu .. .. 0 6 1 300 Nokomai .. .. 0 1 11 250 Deep Lead .. 0 4 3 1100 Glenroy .. 0 0 7 1000 Goldrields Dredging .. 0 0 9 500 Addison's Flat .. 0 3 0 100 Brian Boru .. 16 6 100 Alexander .. 0 16 6 1000 Bell Hooper .. 0 0 11 1000 Freshford ~ 0 0 2} 500 Moonlight Nelson Crk. 0 011 400 Wetherstones .. 0 4 3 500 Snowy River .. 0 0 3 1 2 N.Z. Mines, Ltd. 10 0 0 2000 Oxenbridge Shotover 0 0 8$ 200 N.Z. Mining Invest. .. 0 0 11J 1000 Upper Shotover . 0 1 8J 1000 Gillespie's Beach 0 2 5* 150 Golden Points 0 0 3 For best results consult the independent Brokers, R. NUNES & CO., 281 High street, Christchurch. 'Phone 36-193. P.O. Box 778. Telegraphic Address: PERNUI. Brokerage Rates, sellers only: s. d. Up to Is ..0 0£ Is to 2s' -.0 0J 2s to 5s ..01 5s to 7s 6d ..0 H 7s 6d to 15s .02 Over 15s, 1 per cent. Government and Local Body Stock, i per cent.